Why is Srigee DLM falling/rising?

As of 11-Sep, Srigee DLM Ltd's stock price is currently at Rs. 164.00, reflecting an increase of Rs. 6.1 or 3.86%. The stock has shown a trend reversal today, gaining after two consecutive days of decline. Despite opening with a loss of 3.42%, it reached an intraday high of Rs. 164, outperforming its sector by 3.21%. However, it also hit a new 52-week low of Rs. 150.1 earlier in the day. Over the past week, the stock has decreased by 8.33%, and over the past month, it has fallen by 37.27%, indicating significant volatility and a challenging performance relative to the benchmark Sensex, which has increased by 1.03% and 1.17% over the same periods. The stock is currently trading below all key moving averages, which suggests a bearish trend, although rising investor participation, with a 4.55% increase in delivery volume, may indicate some renewed interest.
In the broader market context, Srigee DLM's recent performance contrasts sharply with the Sensex, which has shown positive returns in both the short term and month-to-date. The stock's significant decline over the past month, coupled with its underperformance against the benchmark, highlights the challenges it faces in regaining investor confidence. The liquidity of the stock remains adequate for trading, but the overall negative sentiment reflected in its recent price movements suggests that investors are cautious. The absence of specific positive or negative factors in the dashboard limits a deeper understanding of the underlying causes of the stock's fluctuations.